menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Risk Management and Insurance
  4. Exam
    Exam 1: Insurance Policy and Risk Management: Part A
  5. Question
    ………… Refers to a Situation Where Outcome Is Not Certain
Solved

………… Refers to a Situation Where Outcome Is Not Certain

Question 4

Question 4

Multiple Choice

…………. Refers to a situation where outcome is not certain


A) Uncertainty
B) Loss
C) Insurance
D) None of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: Risk which can be measured using numerical

Q2: …………….. is planned retention by which the

Q3: Insurance is a risk management technique involving…<br>A)Risk

Q5: IRDA Act passed in the year…………..<br>A)1972<br>B)1999<br>C)1989<br>D)2000

Q6: Speculative risk is a situation in which……………………

Q7: A policy for protecting a group of

Q8: ………… another name of fundamental risk<br>A)Systematic risk<br>B)Interest

Q9: Annual maintenance contract for computers is …………<br>A)Risk

Q10: Changes is technology is a example for

Q11: Which of the following is a method

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines